Global Labour Leaders Seal 31 Agreements To Boost Jobs, Training Opportunities

The Global Labor Market Conference (GLMC), has actually experienced the signing of 31 agreements and Memoranda of Understanding (MOU) between various entities, aiming to offer countless training opportunities and tasks for the international labor job force. This agreement was signed at the second edition of the GLMC 2025, launched in Riyadh, Saudi Arabia, by His Excellency Engineer Ahmad Bin Salman Alrajhi, the Minister of Human Resources and Social Development, along with 40 labour ministers. According to the ministers, these initiatives will concentrate on qualifying diverse groups, such as new graduates, women, and people with specials needs, for appropriate employment through specialised training programmes, including advancement, instructional initiatives, management preparation, and knowledge-sharing partnerships
Data from the Organisation for Economic Cooperation and Development (OECD), roughly 67 million youths are currently unemployed, and nearly 20 percent of people aged 15 to 54 are either used or participated in education, institutions, or training programs. Read also: Boost for job entrepreneurs as IBPLC creates tasks with Hero apprenticeship initiative

These stats have actually also shown that nearly 40 percent of companies report troubles in filling jobs due to a mismatch between workforce skills and labour market needs, with youth unemployment exceeding 30 percent in some regions internationally. Related News
Canadian province adds 13,000 kid care spaces, to increase to 28,000 by 2026, hence creating jobs

British Airways flight turns back as toxic fumes make guests and crew sick

Customers’ USSD access undamaged as banks settle USSD financial obligation

Highlighting the significance of these arrangements, Alrajhi stated “These figures highlight the immediate need to develop detailed strategies to attend to these common difficulties successfully.” “Transforming them into chances, eventually we can all interact to guarantee the success of our economies, communities, and workforces.” The minister likewise kept in mind that the agreements concentrate on improving operational performance, promoting development, and job driving value production in positioning with Saudi Vision 2030. Key entities involved in these contracts consist of the Ministry of Human Resources and Social Development (HRSD), the International Labour Organization (ILO), Takamol Holding, INSEAD, UiPath, job Bella Vista Institute of College, the Saudi Logistics Academy, the Ministry of Tourism, and Princess Nourah bint Abdulrahman University.
The GLMC’s MOU will see several noteworthy collaborations emerged. INSEAD will supply academic services, while partnerships with Space Faculty and ProFun will explore development and understanding sharing. Bella Vista Institute and the Saudi Logistics Academy will deliver customized training programs focused on leadership development and capacity building. The Ministry of Tourism inked MoUs with Marriott Hotels and Arabian Airports to develop workforce qualifications and training initiatives. Princess partnered with SEA Ventures to promote entrepreneurship advancement. A significant development is the establishment of the Kaspersky Knowledge Transfer Centre, created to advance cybersecurity abilities among students and the workforce, amongst others. Share
Join BusinessDay whatsapp Channel, to remain up to date

Top 10 African nations that escaped low-income status considering that 2000

Five African cities use most budget friendly rent in 2025

Business Day, developed in 2001, is an everyday business newspaper based in Lagos. It is the only Nigerian newspaper with a bureau in Accra, Ghana. It has both daily and Sunday titles. It distributes in Nigeria and Ghana

Find out more …

For Digital Adverts: [email secured] Call Us:08033225506, 08026011296, 07013338794
WhatsApp Us: 08068545123
Advert And Rates
Copyright

BDFX.
About Us.
BD Foundation.
BusinessDay Intelligence.
BusinessDay Conferences & Events

LGAs financial autonomy deals with fresh obstacle on CBN need

PDP heading for disaster in 2027, Bode George cautions

© 2025 – Businessday NG. All Rights Reserved.